Wednesday, December 8, 2021

Interest rate

Mian Zahid: Loans from IMF, friendly countries aided economy withstand shocks

Former minister Mian Zahid Hussian said that the Loans from IMF, friendly countries helped economy withstand shocks. President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI...

Trump: As usual Powell has “failed” us on interest rates

US President Donald Trump said that Federal Reserve Chairman Jerome Powell "failed" to cut interest rates by a quarter percentage point Wednesday evening, arguing that the market wanted a signal for the launch of "a lengthy and aggressive rate...

Interest rate hike to bring a new wave of inflation: Mian Zahid

Former provincial minister Mian Zahid Hussain said the Interest rate hike to bring a new wave of inflation, country is in grip of uncertainty and fears after the annual budget which is taking a toll on the weak economy. President...

Pakistan tops in discount rate among Asian countries

State Bank of Pakistan SBP in its meeting on Tuesday raised the discount rate by 100 bps to 13.25 percent with effect from 17th July 2019. The decision takes into account upside inflationary pressures from exchange rate depreciation since the...

Interest rate hike to slowdown economy: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain on Wednesday said recently announced monetary policy is too aggressive....
- Advertisement -spot_img

Latest News

Canadian MP Shafqat Ali says Canada is open to Pakistani students

Member Canadian Parliament Shafqat Ali has urged the Pakistan students to actively consider Canada as a choice destination for...
- Advertisement -spot_img